3 Dividend Stocks With Monster Yields Are Already Up 50% in 2026

Core Viewpoint - The article highlights three dividend stocks in the energy shipping and offshore drilling sectors that have shown significant price appreciation and offer attractive dividend yields, making them appealing to income investors. Group 1: Nordic American Tankers - Nordic American Tankers (NAT) has increased by 63.37% year-to-date, with a current price of $5.62 and a dividend yield of 8.42% [2][3] - The company has been consistently raising its dividend, with the latest payout at $0.17 per share compared to $0.06 per share a year ago [3] - Q4 2025 average time charter equivalent rates reached $35,000 per day per vessel, a 25% increase sequentially, and for Q1 2026, two-thirds of spot days were booked at approximately $55,000 per day [4] - Supply dynamics show a structural imbalance with 161 Suezmax tankers aging past 20 years versus only 83 new deliveries scheduled, which supports market rates [5] Group 2: Noble Corporation - Noble Corporation (NE) has risen by 56.43% in 2026, currently priced at $43.70 with a dividend yield of 4.42% [2][6] - The stock experienced a rally following the announcement of $1.3 billion in new contract awards, leading to a 6.2% increase in a single session [7] - The company has a backlog of $7.5 billion, including significant contracts with Aker BP and ExxonMobil Nigeria, indicating strong revenue visibility [7][8] - Full-year 2025 free cash flow was $454.41 million, with management projecting $1.3 billion in EBITDA and $600 million in free cash flow by 2027 [8] Group 3: Frontline PLC - Frontline PLC (FRO) has increased by 58.39% year-to-date, with a current price of $34.56 and a dividend yield of 5.04% [2][9] - The company declared a quarterly dividend of $1.03 per share for Q4 2025, payable on March 19, 2026 [9] - The stock surged approximately 9.5% following news of a Venezuela oil seizure, which tightened tanker supply globally [10] - Q4 2025 earnings showed VLCC spot TCE rates at $74,200 per day, more than doubling sequentially, and net income rose to $227.93 million from $40.32 million in Q3 [10] - Frontline has strong visibility for Q1 2026, with 92% of VLCC spot days contracted at $107,100 per day [11]